3158 Gloster St Tupelo, MS 38804-9744

This 72-key, four-story Best Western Plus hotel in Tupelo, MS, offers a compelling investment opportunity. Built in 2011, the 39,422 square foot property sits on 1.3 acres and boasts an impressive $7,000,000 asking price, translating to $177.57 per square foot. The hotel features an indoor pool and fitness center, well-equipped extended-stay rooms, and an interior corridor design. Benefiting from a strong location with multiple demand generators including tourism, manufacturing, and healthcare, this established hotel is offered unencumbered of management, eliminating potential PIP requirements for the new owner. Tupelo's rich cultural heritage, economic vitality, and natural beauty, coupled with its connection to Elvis Presley's legacy, create a unique and attractive destination. Low franchise fees further enhance the profitability of this mid-scale franchised hotel, making it an ideal acquisition for investors seeking a high-cash-flow property with significant upside potential. The property is fully renovated, minimizing capital expenditures for the new owner.